Category: Law

Asset purchase deals (fin. liiketoimintakauppa) are transactions where a seller transfers certain assets related to a business to the buyer, who then assumes the rights and obligations related to the assets.

The assets of a limited liability company may be distributed to the shareholders by distributing profits or by distributing assets from reserves of unrestricted equity

As of 1 January 2026, a proper reason will be sufficient for terminating an employment relationship on grounds related to the employee’s person.

A Finnish limited liability company may be dissolved through a voluntary liquidation process in accordance with the Finnish Limited Liability Companies Act.

Since September 2023, the Finnish Immigration Service (Migri) has started a process of checking residence permits of thousands of students to ensure that the students meet the requirements for residence permit. And based on the information from Migri, they will continue automated reviews on an annual basis.